Showing 1 - 4 of 4
Some shock therapy or slow healing?
Oped, Chartchai Parasuk, Published on 02/04/2026
» Do readers prefer shock therapy or slow healing? This is not a health question, but an important economic one.
The two ways to satisfy Trump on trade
Oped, Chartchai Parasuk, Published on 10/07/2025
» I am terribly sorry for miscalculating the US's reciprocal tariff for Thailand at 35% in my previous article, when the actual rate imposed by Mr Trump on Monday was 36%.
Pheu Thai's cash handouts a likely flop
Oped, Chartchai Parasuk, Published on 24/08/2023
» The title of this article says it all. Pheu Thai Party's flagship economic stimulus policy of handing out 10,000 baht to all Thais aged above 16 years old, with an estimated cost of 560 billion baht, will most likely fail to stimulate (or jump-start) the economy from the recent economic slump.
Lessons from the 1997 economic crisis
Oped, Chartchai Parasuk, Published on 01/04/2021
» Today is April Fools' day. But there is no fooling about the threat of liquidity crisis. I am sure that many readers are sceptical about the possibility of a liquidity crunch in this country. First, the government debt to GDP ratio is less than 60% which is not high by international standards. Second, Thailand now, unlike in 1997, has adopted a flexible exchange rate system which has a low risk of currency speculation. And, third, the country has international reserves equivalent to 11 months of imports of goods and services which is two times higher than IMF's suggested requirement. How could an economy this good be at risk?